EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
With the second Environmental, Social and Governance (ESG) report published by EY Greater China, we present our mission, values and commitment, as well as key initiatives and outstanding performance in the ESG area.
In brief
The development gap between countries and regions is widening, which increases the uncertainty brought by climate change.
We adhere to the mission of empowering sustainable development in various industries and promote sustainable practices through ESG management. We are also committed to reaching the net zero goal by 2025.
Carbon reduction plans can be better implemented with the help of metaverse technology since it holds immense possibilities, and building a metaverse that is equitable and inclusive will be essential to shaping a sustainable, better virtual world.
Our mission and vision
In a rapidly changing world, EY is committed to building a better working world and making a lasting positive impact through the NextWave strategy. As a professional services organization with deep insights and high-quality services, we actively cultivate outstanding leaders, encourage teamwork, and build trust and confidence in capital markets around the world. We strive to make a positive impact by building mutual trust among enterprises, supporting them in their sustainable development, and promoting broader and deeper collaboration. As part of our commitment to stakeholders, EY is actively involved in sustainable development and engages like-minded organizations and individuals, playing an important role in building a better working world.
Globally, EY has become carbon neutral in 2020 and carbon negative in 2021, and is moving toward its ambition to reduce total emissions by 40% and achieve net zero in 2025. In Greater China, we established the ESG Committee to lead and promote sustainable development. We also support EY clients to achieve carbon neutrality and contribute to China’s dual carbon goals by providing solutions in green finance, green technology and ESG.
In response to the development strategy across the region, we continue to expand our presence in Greater China. We contribute to the coordinated regional development by opening new offices in Hefei, Taiyuan and Ningbo in FY22. At present, there are EY offices in 33 cities in the Greater China.
EY places innovation at the core of business growth. As part of EY global innovation network, EY wavespace™ centers in Beijing, Shanghai and Hong Kong empower digital transformation by integrating innovative technology and industry expertise.
EY is dedicated to building a market environment with openness, transparency, mutual-trust and efficiency. We appreciate the great value of integration and synergy, and aim to facilitate cross-disciplinary cooperation with different industries. As part of the global value chain, the EY organization collaborates with renowned companies to create long-term value for clients and the society.
FY22 performance highlights
EY Global achieved carbon neutral on 31 December 2020 and carbon negative in 2021. We pledge to reach net zero by 2025
Green office
Achieved a total reduction of 73.62 metric tons of carbon emissions, equivalent to planting 4,090 trees
By practicing green management in the office，achieved a total reduction of 309.24 metric tons of carbon emissions, equivalent to planting 17,180 trees in the past four years
Resource reduction
Saved 1,550,759 sheets of A4 paper
Saved a total of 7,865 barrels of water
Ranked number one in overall execution in HFS Top 10: Sustainability Services 2022
Winner of the Green Finance Case Study Award by the China International Fair for Trade in Services 2022
Named as an excellent consulting leader in ESG and sustainability
Employment
More than 23,000 full-time employees
Training
On-site training: 100,128 participants
Online training: 632,455 participants
Community services and charitable donations
In the past two years, EY has participated in and supported various charitable donation activities. Donations accumulated from projects such as the Spring Bud Project amounted to over RMB5 million
In March 2022, on top of giving out the first batch of pandemic supplies valued at HK$1 million, EY provided further supplies worth HK$1.5 million through EYCare
EY Ripples activities in EY Greater China have positively impacted over one million people
Awarded Hong Kong SAR 25th Anniversary Enterprise Outstanding Contribution Award (Accounting)
Awarded Best Integrated Marketing, Best Social Media and Best Campus Public Presentation in Student Choice Awards
Awarded LinkedIn Top Companies in 2021
Established the EY Greater China ESG Management Committee in 2021
42% of newly promoted partners and directors in 2022 were women
40% of partners and directors in 2022 were women
Awarded Best Company in Diversity, Equity and Inclusion Best Practice by sHero
Awarded 2022 Most Notable Women – Women Power in ESG by sHero
Awarded 2022 Most Notable Women by sHero
Awarded 2022 Most Notable People – Male Allies by sHero
The digitalization team in Ernst & Young Hua Ming LLP in Shanghai won the Youth Model Unit Award in the fourth Shanghai CPA Industry
With the first Environmental, Social and Governance (ESG) report of EY Greater China Region, we present our mission, values and commitment, as well as key initiatives and outstanding performance in the ESG area.
2023 will mark the 55th year of EY's professional services in Greater China. It is also the beginning of a thorough modernization of China. We will continue to focus on environmental, social and economic development in the new era, and provide intellectual support for high-quality development with innovative solutions; we will also continue to fulfill our commitments to the country, society and clients, adhere to our social responsibility, create long-term value, and become a contributor to China's high-quality development.
EY Greater China will work hand in hand with all stakeholders to move forward for a better and sustainable future.
